PACIFIC ASIA TRAVEL ASSOCIATION C/O WOMBLE BOND DICKINSON (EIN 941244384) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1952

Legal Domicile

Principal Officer

PETER SEMONE

Phone

4152910330

Tax Period

2023-01-01 to 2023-12-31

PACIFIC ASIA TRAVEL ASSOCIATION C/O WOMBLE BOND DICKINSON, founded in 1952, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2023. Expenses of $2.2M left a modest 10% surplus.

Mission

THE MISSION OF PACIFIC ASIA TRAVEL ASSOCIATION IS TO ENHANCE, ENCOURAGE AND ASSIST IN THE DEVELOPMENT OF THE TRAVEL AND TOURISM INDUSTRY THROUGHOUT THE PACIFIC ASIA AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,362,624

Investment Income $31,842

Other Revenue $7,771

TOTAL REVENUE $2,402,237

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,190,312

Fundraising Expenses $0

Program Expenses $1,406,272

Other Expenses $981,047

TOTAL EXPENSES $2,171,359

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,402,237	$2,267,121	+0.1%
Expenses	$2,171,359	$2,363,202	-0.1%
Net Income	$230,878	$-96,081	-3.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$120,026

Total Directors

$120,026

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER SEMONE	CHAIRMAN	0.50	Officer Director	$104,266	$15,760	$120,026
BENJAMIN LIAO	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
SUMAN PANDEY	SECRETARY/TREAS	0.50	Officer Director	$0	$0	$0
NOOR AHMAD HAMID	EX-OFFICIO	0.00	Director	$0	$0	$0
MARIA PAZ ALBERTO	BOARD MEMBER	0.00	Director	$0	$0	$0
BERMANCE ALDIS	BOARD MEMBER	0.00	Director	$0	$0	$0
NEETHIAHNANTHAN ARI RAGAVAN	BOARD MEMBER	0.00	Director	$0	$0	$0
CHRIS BOTTRILL	BOARD MEMBER	0.00	Director	$0	$0	$0
YUNG-HUI CHOU	BOARD MEMBER	0.00	Director	$0	$0	$0
JENNIFER CHUN	BOARD MEMBER	0.00	Director	$0	$0	$0
ERIC FONG	BOARD MEMBER	0.00	Director	$0	$0	$0
SAMUEL HEATHCOTE	BOARD MEMBER	0.00	Director	$0	$0	$0
ANTHONY HOGLAND	BOARD MEMBER	0.00	Director	$0	$0	$0
TUNKU ISKANDAR	BOARD MEMBER	0.00	Director	$0	$0	$0
THAPANEE KIATPHAIBOOL	BOARD MEMBER	0.00	Director	$0	$0	$0
KHEM LAKAI	BOARD MEMBER	0.00	Director	$0	$0	$0
WATANA LIMNARARAT	BOARD MEMBER	0.00	Director	$0	$0	$0
SIMON LLOYD	BOARD MEMBER	0.00	Director	$0	$0	$0
LUZI MATZIG	BOARD MEMBER	0.00	Director	$0	$0	$0
BEN MONTGOMERY	BOARD MEMBER	0.00	Director	$0	$0	$0
JOE NAAMAN	BOARD MEMBER	0.00	Director	$0	$0	$0
DARREN NG	BOARD MEMBER	0.00	Director	$0	$0	$0
HENRY OH	BOARD MEMBER	0.00	Director	$0	$0	$0
NOREDAH OTHMAN	BOARD MEMBER	0.00	Director	$0	$0	$0
JONGWONG PARK	BOARD MEMBER	0.00	Director	$0	$0	$0
MAYUR PATEL	BOARD MEMBER	0.00	Director	$0	$0	$0
STEPHEN PEARCE	BOARD MEMBER	0.00	Director	$0	$0	$0
KE-WEI PEH	BOARD MEMBER	0.00	Director	$0	$0	$0
GERALD PEREZ	BOARD MEMBER	0.00	Director	$0	$0	$0
RAKI PHILLIPS	BOARD MEMBER	0.00	Director	$0	$0	$0
SHARZEDE SALLEH ASKOR	BOARD MEMBER	0.00	Director	$0	$0	$0
SANJEET	BOARD MEMBER	0.00	Director	$0	$0	$0
BIBHUTI CHAND THAKUR	BOARD MEMBER	0.00	Director	$0	$0	$0
V VIDYAVATHI	BOARD MEMBER	0.00	Director	$0	$0	$0
FANNY VONG	BOARD MEMBER	0.00	Director	$0	$0	$0
ERICA WONG	BOARD MEMBER	0.00	Director	$0	$0	$0
MUSA YUSOF	BOARD MEMBER	0.00	Director	$0	$0	$0
KORNCHALEE TANTIMONGKONGSAKUL	BOARD MEMBER	0.00	Director	$0	$0	$0
PAIROJ KIATTHUNSAMAI	CFO	40.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,402,237	$2,171,359	$1,530,466	$230,878
2022	$2,267,121	$2,363,202	$1,388,699	$-96,081
2021	$2,123,873	$2,347,332	$1,135,658	$-223,459
2020	$2,004,190	$2,352,519	$1,130,823	$-348,329
2019	$2,739,150	$2,809,634	$1,587,591	$-70,484
2018	$2,681,881	$2,676,921	$1,664,484	$4,960

PACIFIC ASIA TRAVEL ASSOCIATION C/O WOMBLE BOND DICKINSON